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12° Nicosia,
08 January, 2025
 

News Stream

Cypriot citizens linked to $75 million money laundering probe in the French Riviera

Cypriot citizens linked to $75 million money laundering probe in the French Riviera

French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...

Cyprus and U.S. launch historic strategic dialogue to strengthen bilateral ties

Cyprus and U.S. launch historic strategic dialogue to strengthen bilateral ties

Nicosia and Washington are forming a concrete footprint for deepening their bilateral relations at the strategic level with the first-ever CY-US Strategic Dialogue launched today. ...

Winds die down as clear skies return

Winds die down as clear skies return

Well, that didn’t last long! After a couple of pleasant breezy days, it's back to 'normalish' days with light to moderate winds....

Hezbollah leader-in-waiting killed in Israeli airstrike

Hezbollah leader-in-waiting killed in Israeli airstrike

Hezbollah has confirmed the death of Hashem Safieddine, a high-ranking official and heir apparent to its current leader Hassan Nasrallah, following an Israeli airstrike. ...

Putin urges Dollar ditch, but asks summit guests for Dollars and Euros

Putin urges Dollar ditch, but asks summit guests for Dollars and Euros

Russian President Vladimir Putin is leading efforts to reduce global reliance on the US dollar by promoting "de-dollarization" at a summit with over 20 world leaders. ...

President unveils €30 million plan to revitalize Troodos region

President unveils €30 million plan to revitalize Troodos region

President Nikos Christodoulides has unveiled a comprehensive plan aimed at revitalizing the Troodos mountainous region, with more than 20 major projects and policy actions set to be implemented. ...

Cyprus seeks to amend recovery plan amid project struggles

Cyprus seeks to amend recovery plan amid project struggles

The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...

18% of Cypriot businesses hit by cyberattacks in 2023

18% of Cypriot businesses hit by cyberattacks in 2023

In 2023, nearly one in five businesses in Cyprus reported experiencing a cyberattack, according to a recent survey by the Cyprus IT Enterprises Association (CITEA)....

EU Council President highlights support for Cyprus peace talks

EU Council President highlights support for Cyprus peace talks

The newly-elected President of the European Council, Antonio Costa, visited Cyprus on Wednesday to express support for resolving the long-standing Cyprus issue. ...

Chaos in Rhodes as migrant camps take over city center

Chaos in Rhodes as migrant camps take over city center

Rhodes is facing a growing crisis as areas like Eleftherias Square and Therma have transformed into informal migrant camps, creating a suffocating environment in the city center....

LeBron James and son Bronny make NBA history

LeBron James and son Bronny make NBA history

LeBron James and his eldest son, Bronny, made history by becoming the first father-son duo to play together in an NBA game....

Larnaca ChristmasLand returns: A winter wonderland awaits in Europe Square

Larnaca ChristmasLand returns: A winter wonderland awaits in Europe Square

Get ready to step into a world of holiday magic as Larnaca ChristmasLand opens its doors, kicking off the festive season in Cyprus! ...

Bank of Cyprus shareholders moving at different speeds

Bank of Cyprus shareholders moving at different speeds

CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....

Cyprus surpasses pre-pandemic financial levels with growing surplus

Cyprus surpasses pre-pandemic financial levels with growing surplus

Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....

Woman rescued after being wedged upside down for 7 hours

Woman rescued after being wedged upside down for 7 hours

A woman in Australia faced a dramatic situation when she became trapped upside down for seven hours while trying to retrieve her lost phone from a crevice between boulders in the Hunter Valley region....

Heart-wrenching video highlights the plight of children in Gaza

Heart-wrenching video highlights the plight of children in Gaza

A heartbreaking video has emerged from Gaza, capturing the dire circumstances faced by children caught in the ongoing conflict. In the footage, a young girl walks barefoot on the road, ...

Are the US elections turning into the 'battle of the billionaires'?

Are the US elections turning into the 'battle of the billionaires'?

In what seems to be a tit-for-tat move—especially after Elon Musk announced he would donate $1 million a day to registered voters who sign his PAC petition—Microsoft founder Bill Gates has reportedly thrown his support behind Democratic Vice President Kamala Harris in the 2024...

Politico: Giuliani ordered to hand over property to pay defamation suit

Politico: Giuliani ordered to hand over property to pay defamation suit

Former New York City mayor Rudy Giuliani has been ordered by a federal judge to hand over a significant portion of his property, including his luxury Upper East Side apartment, to two Georgia election workers who won a $148 million defamation case against him....

Cyprus and U.S. launch first strategic dialogue in Nicosia

Cyprus and U.S. launch first strategic dialogue in Nicosia

According to the Ministry of Foreign Affairs, Nicosia will host the first-ever Strategic Dialogue between Cyprus and the United States this Wednesday....

Cypriot banks sending loans abroad: A growing risk?

Cypriot banks sending loans abroad: A growing risk?

Yesterday, I had a conversation with someone who truly understands banking—probably more knowledgeable than many who think they do....

Breezy skies and cooler temperatures bring relief to Cyprus

Breezy skies and cooler temperatures bring relief to Cyprus

Today’s weather will bring plenty of sunshine, with a welcome break from the recent heat....

IMF raises Cyprus' growth forecast for 2024

IMF raises Cyprus' growth forecast for 2024

The International Monetary Fund (IMF) has raised its forecast for Cyprus's economic growth in 2024 from 2.7% to 3.3%. This updated prediction comes from the IMF's October World Economic Outlook report released on Tuesday....

Antonio Costa’s visit is a pivotal step in EU support for Cyprus negotiations

Antonio Costa’s visit is a pivotal step in EU support for Cyprus negotiations

The upcoming visit of Antonio Costa, the newly elected President of the European Council, to Cyprus is poised to play a significant role in the resumption of negotiations on the longstanding Cyprus problem. ...

Can AI get goosebumps?

Can AI get goosebumps?

At this year’s Digital Agenda Cyprus Summit, tech enthusiasts and industry leaders gathered to hear from an inspiring speaker: Robbie Stamp, a notable producer and advocate for ethical artificial intelligence....

Fidias joins protest against school mobile phone ban, low student turnout

Fidias joins protest against school mobile phone ban, low student turnout

A protest against the recent ban on mobile phones in secondary and technical schools drew a modest turnout in Eleftherias Square, with about 60 to 70 students in attendance....

Spike in suspicious transactions as Cyprus freezes over €25 million in illicit assets

Spike in suspicious transactions as Cyprus freezes over €25 million in illicit assets

Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....

The 7th Autumn Festival – Halloween Edition by Inspired Family Fun Returns!

The 7th Autumn Festival – Halloween Edition by Inspired Family Fun Returns!

Join us for a weekend of spooktacular fun at My Mall Limassol from October 26 to 28, as we celebrate Halloween in the most magical way! ...

Cyprus reaches agreement for delivery of FSRU

Cyprus reaches agreement for delivery of FSRU

The Cypriot government and a Chinese consortium have come to an agreement for the delivery of the floating storage regasification unit (FSRU) ''Prometheus,'' which is expected to be finalized within 60 days....

President Christodoulides: No tolerance for corruption in sports

President Christodoulides: No tolerance for corruption in sports

President of Cyprus, Nikos Christodoulides, made it clear that the country has zero tolerance for corruption and match-fixing in sports during the opening of the National School of Ethics at the Presidential Palace on Monday....

8-year-old boy seriously injured in school incident

8-year-old boy seriously injured in school incident

Larnaca police are investigating a troubling incident involving an 8-year-old boy who was seriously injured at his primary school last Thursday. The boy’s injury has raised concerns about safety protocols within the school premises and has led to potential legal action from his family....

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